Elliott wave Ripple analysis 19.05.2022

The XRPUSD market is forming a descending impulse wave [C] composed of five sub-waves (1)-(2)-(3)-(4)-(5). After the impulse wave (3) completed, the market has been forming the corrective wave (4) as a double zigzag, which should finish at a level of 0.492, where wave (4) will be 50% of impulse (3).

Trading plan for XRPUSD today:

Buy 0.405,

Take profit: 0.492.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 19.05.2022 | LiteFinance

Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.

Go to Register with LiteForex Platform

Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission.

Want to Trade Online?

Easy Trading Platform

Copy Experienced Traders

Trade from Your Pocket

Trade with Liteforex

CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.